BDC Capital’s Climate Tech Fund

Summit Nanotech Corporation is a cleantech company based in Calgary, Canada, focused on revolutionizing lithium extraction to support the global energy transition. Founded in 2018, the company specializes in a patented direct lithium extraction (DLE) technology that aims to provide sustainable and economically viable solutions for lithium producers. By collaborating with mining companies and lithium asset owners in regions such as Chile and Argentina, Summit Nanotech seeks to optimize operations and conserve natural resources while minimizing environmental impact. The company's innovative approach positions it as a leader in developing cost-effective solutions for the growing demand for battery-grade lithium.

Cyclic Materials specializes in recycling services that focus on recovering rare earth elements from landfill-bound products. The company aims to minimize the need for new mining operations and facilitate the transition to electric mobility and cleaner energy solutions. By implementing an innovative process to reclaim critical metals used in high-performance magnets, Cyclic Materials supports industries such as wind turbines, electric vehicles, and electronics. This approach not only helps reduce carbon dioxide emissions but also enhances local supply chains by reintroducing these materials back into the manufacturing process.

Ayrton Energy, founded in 2021, is focused on enhancing energy security through innovative hydrogen storage technology. The company specializes in developing a dense storage medium for hydrogen, enabling its storage in liquid form. This approach allows for safer and more efficient handling and transportation of hydrogen, differentiating it from traditional fuels like gasoline. Ayrton Energy's technology facilitates the use of existing infrastructure, including tanks, rail cars, transport trucks, and pipelines, to deliver hydrogen effectively. By providing solutions for hydrogen storage and transportation, Ayrton Energy aims to support clients in utilizing hydrogen as a fuel source for power generation, thereby contributing to overall energy security.

AlterBiota is a green materials company dedicated to the decarbonization of concrete through innovative bio-graphene additives. Its flagship product is a hydrous bio-graphene oxide admixture, which consists of stable, pumpable dispersions of activated bio-graphene. This additive is specifically designed to enhance the strength of concrete while simultaneously reducing its environmental impact. By optimizing concrete mix designs, AlterBiota enables the construction industry to achieve improved performance, batch customizability, adaptability, and consistency in concrete production. The company's focus on cost-effective solutions positions it as a leader in sustainable construction materials.

Deep Sky is a company focused on developing infrastructure for carbon dioxide removal, aimed at reducing overall carbon emissions. It specializes in providing CO2 collection and storage services powered by renewable energy, operating at scale. This allows various industries, including compliance, voluntary markets, and government procurement, to profitably monetize carbon dioxide removal credits while leveraging environmental resources. Through its innovative approach, Deep Sky contributes to efforts in addressing climate change by facilitating the transition to a more sustainable economy.

Green Graphite Technologies specializes in the development of a sustainable process to purify graphite, primarily targeting applications in electric vehicles. The company focuses on converting natural flake graphite and production scrap into battery-grade graphite suitable for lithium-ion batteries. By employing an environmentally friendly method, Green Graphite Technologies aims to address the significant supply gap in the graphite market, facilitating the adoption of electric vehicles while promoting sustainability within the industry.

Carbon Upcycling is a carbon technology company focused on decarbonizing hard-to-abate industries through its patented technology. This innovation allows for the permanent storage of carbon dioxide in industrial byproducts and minerals, effectively transforming them into high-performance alternative materials for cement and concrete. By doing so, Carbon Upcycling aims to significantly reduce the carbon footprint of industrial processes while diverting materials from landfills, thereby supporting a circular economy. The company has garnered international recognition for its advancements, being awarded the Carbon XPrize’s X-Factor, named NRMCA’s 2023 Innovative Company, and included in Cleantech Group’s Global Cleantech 100 and Foresight 50’s Canada’s Most Investable Cleantech Ventures.

Graphite Innovation & Technologies is a materials engineering firm dedicated to developing innovative and sustainable smart coating solutions for the shipping industry. By leveraging nanotechnology, the company produces environmentally friendly paints designed to enhance the efficiency of ocean-going vessels, significantly reducing fuel consumption and greenhouse gas emissions. GIT's advanced marine coatings are hydrophobic and exceptionally hard, preventing marine life from adhering to hull surfaces, thereby minimizing drag as vessels navigate through water. With a growing portfolio of ocean-going ships utilizing its technology, the company is poised to expand production globally. GIT distinguishes itself in the marine coatings market by offering a full suite of products that do not rely on harmful leaching chemicals, positioning itself as a disruptive force committed to fostering a more sustainable maritime future.

Summit Nanotech Corporation is a cleantech company based in Calgary, Canada, focused on revolutionizing lithium extraction to support the global energy transition. Founded in 2018, the company specializes in a patented direct lithium extraction (DLE) technology that aims to provide sustainable and economically viable solutions for lithium producers. By collaborating with mining companies and lithium asset owners in regions such as Chile and Argentina, Summit Nanotech seeks to optimize operations and conserve natural resources while minimizing environmental impact. The company's innovative approach positions it as a leader in developing cost-effective solutions for the growing demand for battery-grade lithium.

CarbiCrete Inc. is a Montreal-based company that specializes in carbon removal technology, focusing on the development of innovative, low-cost building solutions aimed at reducing greenhouse gas emissions. Established in 2016, CarbiCrete offers a unique process that enables the production of cement-free, carbon-negative concrete. This technology utilizes industrial by-products and captured carbon dioxide, replacing traditional cement with steel slag and curing the concrete with carbon dioxide. By doing so, CarbiCrete not only eliminates the emissions associated with cement production but also facilitates the permanent removal of carbon dioxide from the atmosphere. The company licenses its technology to precast concrete manufacturers, thereby supporting the construction industry in adopting more sustainable practices.

Genecis is an early-stage organic waste processing startup that uses biotechnology to convert waste into biodegradable plastics and other high-value materials. It converts organic waste into PHA (Polyhydroxyalkanoate), a biodegradable, compostable, and non-toxic polymer that can be tuned to replace a wide variety of traditional plastics. PHA can be used for single-use plastics, clothing and textiles, automotive interiors, medical tools and products, and food contact applications.

Freshr Sustainable Technologies specializes in the development of compostable active packaging materials aimed at enhancing the shelf life of fresh foods, with an initial focus on fresh fish. The company's innovative packaging solutions are crafted from naturally derived resources, which help maintain the texture and moisture content of fish while effectively targeting harmful bacteria. This approach not only extends the freshness of seafood but also enables fish processing companies to minimize waste, contributing to more sustainable practices in the food industry and reducing reliance on traditional plastics.

Exterra Carbon Solutions is a pioneering technology company focused on mitigating climate change by developing innovative solutions for durable CO2 storage. They specialize in transforming mineral waste into large-scale carbon sinks through accelerated natural weathering processes, enabling permanent and verifiable storage of captured CO2 emissions from industrial emitters or direct capture companies. Exterra's platform generates trusted carbon credits that align with international standards and accounting frameworks for various CO2 mineralization technologies.